
\begin{table}
\begin{center}
\begin{tabular}{l c c c c}
\hline
 & Enf. & Enf. & N. Enf. & N. Enf. \\
\hline
Firm Party                       & $-1.114$     & $-1.378$      & $-1.337$     & $-1.504$      \\
                                 & $(1.304)$    & $(1.593)$     & $(1.048)$    & $(1.283)$     \\
Alignment                        & $-0.777^{*}$ & $-0.936^{**}$ & $-0.507^{*}$ & $-0.817^{**}$ \\
                                 & $(0.309)$    & $(0.350)$     & $(0.244)$    & $(0.267)$     \\
Recent Class Action              &              & $0.115$       &              & $-0.161$      \\
                                 &              & $(0.404)$     &              & $(0.318)$     \\
Recent Restatement               &              & $-2.577^{*}$  &              & $-2.159^{+}$  \\
                                 &              & $(1.298)$     &              & $(1.103)$     \\
Log(Tot. Contribs.)              & $0.493^{*}$  & $0.488^{*}$   & $0.345^{+}$  & $0.368^{+}$   \\
                                 & $(0.231)$    & $(0.238)$     & $(0.189)$    & $(0.209)$     \\
Log(Tot. Comm. Contribs.)        & $0.013$      & $0.007$       & $0.007$      & $0.001$       \\
                                 & $(0.031)$    & $(0.034)$     & $(0.024)$    & $(0.027)$     \\
Log(Tot. Lobbying Exp.)          & $0.004$      & $-0.015$      & $0.015$      & $0.002$       \\
                                 & $(0.027)$    & $(0.030)$     & $(0.027)$    & $(0.030)$     \\
Log(Tot. SEC-Rel. Lobbying Exp.) & $0.039$      & $0.043$       & $0.038$      & $0.045$       \\
                                 & $(0.030)$    & $(0.032)$     & $(0.027)$    & $(0.029)$     \\
SBC                              & $0.204$      & $0.237$       & $0.193$      & $0.171$       \\
                                 & $(0.256)$    & $(0.304)$     & $(0.174)$    & $(0.236)$     \\
HFSC                             & $-0.049$     & $-0.026$      & $0.069$      & $0.041$       \\
                                 & $(0.315)$    & $(0.398)$     & $(0.222)$    & $(0.318)$     \\
S. Approp.                       & $0.097$      & $0.276$       & $0.107$      & $0.300$       \\
                                 & $(0.283)$    & $(0.326)$     & $(0.231)$    & $(0.269)$     \\
H. Approp.                       & $0.622$      & $0.847^{+}$   & $0.568^{+}$  & $0.769^{*}$   \\
                                 & $(0.381)$    & $(0.434)$     & $(0.327)$    & $(0.366)$     \\
Log(CD Unemp. Rate)              &              & $0.516$       &              & $0.679$       \\
                                 &              & $(0.643)$     &              & $(0.479)$     \\
Log(CD Finance Workers)          &              & $0.709$       &              & $0.434$       \\
                                 &              & $(0.632)$     &              & $(0.523)$     \\
Log(Assets)                      &              & $0.520$       &              & $0.412$       \\
                                 &              & $(0.354)$     &              & $(0.286)$     \\
Log(Employment)                  &              & $0.253$       &              & $0.213$       \\
                                 &              & $(0.342)$     &              & $(0.281)$     \\
Leverage                         &              & $0.786^{+}$   &              & $0.286$       \\
                                 &              & $(0.475)$     &              & $(0.389)$     \\
ROA                              &              & $0.761$       &              & $0.037$       \\
                                 &              & $(2.576)$     &              & $(2.162)$     \\
Operating Margin                 &              & $0.420$       &              & $0.482$       \\
                                 &              & $(1.074)$     &              & $(0.922)$     \\
Finance $\times$ Year            &              & $-0.036$      &              & $-0.035$      \\
                                 &              & $(0.067)$     &              & $(0.056)$     \\
\hline
Firm FE                          & \checkmark   & \checkmark    & \checkmark   & \checkmark    \\
Year FE                          & \checkmark   & \checkmark    & \checkmark   & \checkmark    \\
Num. obs.                        & $1969$       & $1626$        & $1972$       & $1629$        \\
Num. groups: gvkey               & $192$        & $165$         & $194$        & $167$         \\
Num. groups: year                & $12$         & $12$          & $12$         & $12$          \\
Deviance                         & $1380.692$   & $1115.201$    & $1015.509$   & $818.585$     \\
Log Likelihood                   & $-690.346$   & $-557.601$    & $-824.613$   & $-643.479$    \\
Pseudo R$^2$                     & $-0.078$     & $-0.161$      & $-0.020$     & $-0.101$      \\
\hline
\multicolumn{5}{l}{\scriptsize{$^{***}p<0.001$; $^{**}p<0.01$; $^{*}p<0.05$; $^{+}p<0.1$}}
\end{tabular}
\caption{Statistical models}
\label{table:coefficients}
\end{center}
\end{table}
